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A guide to COVID-19 financial relief for small business

Mar 18, 2020
Read up-to-date information about all new federal programs that help small businesses impacted by COVID-19. You’ll also find links to free tools to help you with program applications.

Tags: member updates, covid-19 updates, government updates

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What your small business needs to know about COVID-19

Mar 17, 2020
On March 11, 2020, the World Health Organization declared the outbreak of the 2019 coronavirus disease (COVID-19) a pandemic. The World Health Organization says everyone must play a role to stop the spread of the disease. This includes businesses and employers.

Tags: Farm Taxes, Financial Planning, Small Business Taxes, Tax Preparation, Tax Planning, Tax Consultation, covid-19 updates

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Nova Scotia Budget Report 2020

Feb 28, 2020
Starting April 1, 2020, the general corporate tax rate in Nova Scotia will decrease from 16% to 14%. The small business tax rate will decrease from 3% to 2.5%. Read the highlights from our tax analysts.

Tags: Tax Planning, Tax Consultation, Tax Preparation, Small Business Taxes, Farm Taxes, Trades Taxes

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BC Budget

B.C. Budget Report 2020

Feb 25, 2020
On Feb. 18, 2020, B.C. Finance Minister Carole presented the province’s fiscal 2020–21 budget. Our tax analysts have reviewed the updates and listed the highlights.

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FBC Reviews: February 2020

Feb 19, 2020
Read the latest FBC reviews to learn how we help our Members make life less taxing.

Tags: Farm Taxes, Small Business Taxes, Trades Taxes

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Taxing non-cash benefits to employees

Feb 05, 2020
A non-cash benefit includes a good, service or property you own that you give to your employee. If that property is paid for by you and provided to your employee, it is still considered a benefit of employment. Find out how these benefits are taxed.

Tags: Farm Taxes, Tax Consultation, Tax Planning, Tax Preparation, Trades Taxes

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Free eBook: Tax Readiness Toolkit

Jan 27, 2020
Download a free tax readiness toolkit for small business owners.

Tags: Farm Taxes, Small Business Taxes , Trades Taxes, Tax Planning, Tax Preparation, Tax Consultation

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What Canadians think about the CRA's customer service

Jan 22, 2020
Canadians told the CRA what they think about the CRA's customer service in a series of consultations last spring. The CRA recently released the full report and we summarize what Canadians want improved.

Tags: Farm Taxes, Small Business Taxes, Trades Taxes, Tax Consultation, Tax Planning, Tax Preparation

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Tax deductions for Canadian farmers

Jan 15, 2020

If you’re a farmer or agricultural producer, you can deduct certain expenses you incurred to earn your income.

Make sure you keep records of all your farm business transactions to be able to support your expense claims.

Tags: Farm Taxes, Tax Consultation, Tax Planning, Tax Preparation

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Know the rules when paying family for farm work

Jan 08, 2020
Find out what the CRA requires from you when you're paying your family for farm work.

Tags: Farm Taxes

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